BP plc (NYSE: BP) says its cost for the Deepwater Horizon disaster hit $1.6 billion this weekend. More than 51,000 people, organizations or states have made claims against the company. It is…
Douglas A. McIntyre Petrobras, the huge oil firm controlled by the Brazilian government, plans to raise $25 billion in the capital markets–one of the largest share offerings in history. The money will go to support…
Reuters: Obama’s leadership will be tested this week by his reaction to BP plc (NYSE: BP) spill. Reuters: Jobs are critical to the housing recovery. Reuters: China’s AgBank will attempt a $23…
The NOAA reports that winds are likely to push oil ashore for most of next week, affecting the Gulf Coast from West of New Orleans to the Florida Panhandle. Onshore (SE/S/SW) winds…
Douglas A. McIntyre The US government has sent a sharply worded letter to BP plc (NYSE: BP) about the pace at which it needs to cap the oil spill from the Deepwater Horizon wreck. Coast…
Douglas A. McIntyre This weekend’s edition of the UNUSUAL SUSPECTS is an unusual list indeed. We have many big issues to watch for the coming week. Our cast of characters in the UNUSUAL SUSPECTS includes…
There are several big movers this morning for day traders and active traders that look for stocks with gap-ups or gap-downs. Stocks with news or events causing moves are ArcSight, Inc. (NASDAQ:…
Updated throughout the day. BP plc (NYSE: BP) may cut or defer its dividend (various) Spain may have asked the EU for financial aid (various) The FBI is preparing a huge clamp…
Douglas A. McIntyre Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
With government estimates for daily oil leakage upped to as much as 40,000 barrels a day and BP plc (NYSE: BP) claims only capturing about 15,000 barrels, the rush to drill relief…
Douglas A. McIntyre BP Chairman Carl-Henric Svanberg has been asked to meet with President Obama on June 16, and he will accept the invitation. Many critics have maintained that Svanberg has remained aloof from the…
Douglas A. McIntyre Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters: Geithner says US patience on the yuan is disappearing. Reuters: China factory…
According to the federal government’s Deepwater Horizon Response team, scientists now put the rate of the leak as high as 40,000 barrels a day. BP plc (NYSE: BP) recently estimated it was…
Douglas A. McIntyre There are many big movers today in the day trader and active trader alerts. Stocks on the move are ARM Holdings plc (NASDAQ: ARMH), A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR), Alkermes,…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
